Back 136/53 Vernon Terrace
Off Market

136/53 Vernon Terrace

Teneriffe QLD 4005

2
1
1
79 m²
Apartment
Last sold for $500,000
Ben PercivalBen Percival, last sold this property on 27 June 2021 after 66 days on market.

Overview

Best Value Loft Apartment in Brisbane!

This loft style apartment in Mactaggarts is abundant in character and turn of the century charm. A generous living area, bathroom and main bedroom are located downstairs with a study area and additional bedroom located on the mezzanine level totalling 79m2. As the last remaining Woolstore building on the riverfront in Brisbane, the Mactaggarts Place features a lovely pool, BBQ and gazebo area overlooking the Brisbane River - an idyllic destination to relax in the sun all year long. Teneriffe offers accessibility to the best lifestyle options Brisbane has to offer. Whether it's strolling along the river walk to New Farm Park and beyond; commuting via the CityCat ferry and CityGlider buses positioned next to Mactaggarts Place, or exploring the dining, retail and cultural destinations of the inner city - everything is within reach! Notable Features Include: - 2 Generous bedrooms - Open plan multi-purpose room - Value add potential through renovation - Soaring double height ceiling Building facilities: - Riverfront swimming pool - BBQ & Gazebo set in riverfront gardens - Onsite management - Direct access to river board walk - City cat & bus stop at your front door - Walking distance to Gasworks Plaza - Secure undercover car park and visitors car-park - Several entry points to complex

Features

2 bedrooms
1 bathroom
1 carspace
1 garage space
79 m² floor area
Apartment

Estimated Value

Based on this property and similar 2 bedroom apartments sold in Teneriffe over the last 12 months, the estimated median property value of 136/53 Vernon Terrace is $1.18m.

Median value
$1.18m
Estimated value range
$800k - $1.95m
Median days on market
31
Estimated value trend
29%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Teneriffe. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 136/53 Vernon Terrace

2021
Sold
$500,000
27 Jun 2021 by Ben Percival, of Ray White New Farm
2020
Sold
$425,000
Private Sale/Treaty on 29 Apr 2020 by Richard Barlow, of Ray White New Farm

Happy sellers in Teneriffe

94%
94% of sellers in Teneriffe reported that their sale price either exceeded or met their price expectations.

Teneriffe stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 15 reviews in Teneriffe over the last 12 months.

Local market activity for 2 bedroom apartments in Teneriffe

In the last 12 months, 72 two-bedroom apartments similar to 136/53 Vernon Terrace, have been sold.

This represents a 48% increase in two-bedroom apartments sales when compared to the previous 12 months.

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